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Industrial project construction surges in Qingdao WCNA

chinadaily.com.cn| Updated: April 23, 2023

Qingdao West Coast New Area (Qingdao WCNA) held a ceremony on April 22 for the signing and commencement of a group of industrial construction projects, which marks a new wave of industrial construction in the area.

A total of 29 projects were signed with a total investment of 44.1 billion yuan, and 30 projects were launched with a total investment of 33.1 billion yuan.

The projects align with the "5+5+7" key industries that Qingdao WCNA is currently building. They are expected to significantly promote a new breakthrough in the real economy and inject new vitality into the high-quality development of the area.

The 29 projects signed cover nine key industrial areas including the semiconductor and display economy, ocean engineering, intelligent home appliances, hydrogen storage and energy storage, film and television, and the modern trade industry.

The 30 projects that commenced construction involve 16 key industrial chains such as biopharmaceutical and medical equipment, intelligent manufacturing equipment, and marine equipment, and all of them are in line with the development direction of the province's 10 strong industries.

At the event, 15 well-known experts from domestic and foreign industry associations, well-known enterprises, and research institutions were chosen as "Investment Promotion Ambassadors" of the area to help connect the enterprises in the area with potential investors.

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Qingdao West Coast New Area holds an opening ceremony on April 22 for the signing and commencement of industrial construction projects. [Photo/WeChat account: qdxihaianfabu]